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Stock impact report

Europe Construction Equipment Market to Hit Sales of USD 72.14 Billion By 2032, at a CAGR of 4.73%, says Astute Analytica [Yahoo! Finance]

Caterpillar, Inc. (CAT) 
Last caterpillar, inc. earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: caterpillar.com/en/investors.html
Company Research Source: Yahoo! Finance
by infrastructure growth, regulations, and cost-saving needs. This shift brings both opportunities and challenges surrounding reliability and technological compatibility of used equipment. New Delhi, March 20, 2024 (GLOBE NEWSWIRE) -- According to the latest research by Astute Analytica, the Europe construction equipment market is projected to surpass US$ 72.14 billion by 2032, up from US$ 47.59 billion in 2023, at a CAGR of 4.73% during the forecast period 2024–2032. The construction industry is of paramount importance to Europe's economy - with a turnover of EUR 1.7 trillion and employing about 2.62 million workers in the building construction sector alone. It makes up a fair share of European country's GDPs as well, for example, Germany's construction sector accounts for roughly 6% of its total GDP. The value and turnover differ amid countries due to the diverse economic landscapes across Europe. Infrastructure expansion and urbanization are key factors that drive the market. T Show less Read more
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